Gemini emphasised connections to the FDIC when customers asked if their assets were safe. Almost $1bn in customer assets have since been frozen on the platform.
February 1, 2023Genesis has more than 100,000 creditors who may be owed up to USD 10 billion. The biggest creditor is crypto exchange Gemini.
January 24, 2023Nexo settled charges from US regulators for $45mn. The company was separately raided by Bulgarian authorities last week.
January 20, 2023BitConnect was an online crypto lending platform that collapsed in 2018, causing investor losses estimated at over USD 2.4 billion.
January 17, 2023The 'Crypto Academy' is one of several measures the SEC has taken to protect crypto investors since local exchange Zipmex halted customer withdrawals in July 2022.
January 16, 2023The SEC says the Gemini Earn programme, which allowed investors to earn interest on their crypto assets, constituted the offer and sale of unregistered securities.
January 13, 2023The police said they received multiple reports between August and November 2022 alleging false representations by that Hodlnaut and/or its directors.
November 30, 2022A minimum investment amount is also proposed for each digital asset transaction. Meanwhile, the SEC is considering allowing asset managers to set up digital asset funds.
September 19, 2022The value stolen from crypto hacks increased 60% from the same pariod last year, largely attributed to vulnerabilities of DeFi protocols.
August 22, 2022Digital asset depository service providers already operating in Thailand have until 11 October to submit a licence application to the SEC.
August 19, 2022